Shrenik Share Price

Shrenik Limited (Shrenik) is a trading and processing company in India, primarily engaged in the trading of all kinds of paper, pulp, and paper boards. The company supplies a variety of paper products including coated paper, uncoated maplitho paper, copier paper, duplex board and folding boxboard to customers across multiple states. Shrenik operates a distribution network serving customers in Gujarat, Rajasthan, and Maharashtra, making it a regional player in India’s paper trading sector. The Shrenik share price today on the NSE and BSE is a reflection of how market participants respond to a performance and broader business developments within its industry. It captures the company’s sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the Shrenik stock price often mirrors shifts in paper consumption patterns, demand from the packaging and printing sectors, and investor views on the commodity trading sector’s growth prospects. Factors such as the pace of distribution network expansion, competitive intensity from other paper traders, raw material price fluctuations, and government policies on paper imports influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the Shrenik price movements.

Shrenik live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of Shrenik live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Shrenik price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Shrenik Limited Company Fundamentals

a. Company Background

Shrenik Limited was incorporated in 2012. The company’s registered office is located in Ahmedabad, Gujarat. Shrenik Limited was originally formed as a proprietary firm in the name and style of ‘Shree Shyam Corporation’ by Shrenikbhai Vimawala. The proprietary firm was converted into a partnership firm named ‘Shrenik Tradelink’ in November 2012, which was subsequently converted into a private limited company on December 20, 2012. The name was changed to ‘Shrenik Private Limited’ on December 19, 2016, and further converted into a public limited company, renamed Shrenik Limited, on April 3, 2017. The company’s primary activity involves the trading and processing of all kinds of paper, pulp, and paper boards. It initially focused on establishing a distribution network in Gujarat before gradually expanding to Rajasthan and Maharashtra. Shrenik supplies paper products to customers in the printing, packaging, and stationery sectors. The company has played a role in India’s paper distribution chain. Over the years, Shrenik has built a client base of over 3,000 customers. It operates in a competitive environment, with pricing and supply governed by market forces and raw material availability. The company has consistently focused on maintaining long-term relationships with paper manufacturers and customers.

b. Product Lines

• Coated paper for printing and packaging applications

• Uncoated maplitho paper for stationery and office use

• Copier paper for photocopying and printing

• Duplex board for packaging and carton manufacturing

• Folding boxboard (FBB Board) for premium packaging

• Specialist paper commodity Royal Executive Bond

• Writing and printing paper for notebooks and books

• Glossy paper for brochures and promotional materials

• Kraft paper for industrial packaging

• Recycled paper products

c. Company Revenue Model

• Primary revenue from trading of paper products including coated, uncoated, copier and specialty papers

• Revenue from wholesale distribution of Tamil Nadu Newsprint and Papers Limited in Gujarat region

• Revenue from distribution of Asia Pulp and Paper products in Gujarat and Rajasthan region

• Volume-driven revenue based on quantity of paper sold to customers

• Pricing determined by raw material costs, import duties, and market demand

• Revenue from processing of paper and paper boards

• Own brand ‘Shrenik’ products contributing to brand-based revenue

• Distribution revenue from local paper manufacturers and traders

• Expanding customer base contributing to new revenue streams

• Seasonal variations in paper demand affecting revenue patterns throughout the year

• Government import policies and raw material availability influencing revenue stability

d. Geographic Presence

• Headquartered in Ahmedabad, Gujarat with registered office at 412, Pearls Business Park, Near Wockhardt Hospital, Shela, Ahmedabad – 380058

• Distribution operations across Gujarat, Rajasthan, and Maharashtra states in India

• Wholesale distributor of Tamil Nadu Newsprint and Papers Limited in Gujarat region

• Wholesale distributor of Asia Pulp and Paper in Gujarat and Rajasthan region

• Serves customers including printers, publishers, packaging manufacturers, and stationery producers

• Focus on expanding distribution network within existing geographical areas

• Operations primarily concentrated in western India with presence in three states

• Strategic expansion through enhancement of product portfolio and customer base

e. Key Milestones

• 2012: Incorporated as Shrenik Tradelink Private Limited on December 20, 2012

• 2016: Name changed to Shrenik Private Limited on December 19, 2016

• 2017: Converted to public limited company and renamed Shrenik Limited on April 3, 2017

• 2017: Initial Public Issue of 54,00,000 Equity Shares raising ₹21.6 Crore in July 2017

f. Industry Perspective

Shrenik Limited operates in the paper trading and processing industry, which is part of India’s paper and packaging sector. Globally, the paper market was valued at approximately USD 600 billion in 2024, with the Asia-Pacific region being the largest producer and consumer, accounting for around 45% of global paper consumption. The global paper market is projected to grow at a modest CAGR of approximately 1.5% from 2025 to 2030, driven by packaging demand. In India, the paper sector is poised for steady growth as the nation increases its paper consumption per capita. According to industry reports, the Indian paper market was valued at USD 15 billion in 2024 and is projected to reach USD 22 billion by 2028, growing at a CAGR of 8% during this period. Packaging paper and paperboard accounted for 15.54 million tonnes out of total domestic paper market of 23.84 million tonnes in 2024-25, led by kraft paper and high-grade board. India currently has around 850 paper mills producing 25 million tonnes annually, with production expected to reach 35 million tonnes by FY30. Installed capacity utilization is high at 95%, with domestic sales dominating consumption. Packaging ranks as the fifth-largest sector of the Indian economy, expanding rapidly at 22-25% annually. The packaging industry in India exceeded ₹7,36,246 crore (US$86 billion) in 2024, with India becoming the third-largest packaging market globally. Demand is driven by rising middle-class consumption, e-commerce boom, and improvements in supply chains. Key challenges include raw material price volatility, import competition, and fragmented market structure.

Shrenik Limited Stock Market Presence: Listings & Index Representation

Shrenik is actively traded on India’s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol SHRENIK and on the Bombay Stock Exchange (BSE) with the scrip code 538441. Its listing on both exchanges ensures that the Shrenik price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company was listed on the NSE and BSE in July 2017 through an Initial Public Issue of 54,00,000 Equity Shares raising equity capital aggregating ₹21.6 Crore. The company forms part of certain benchmark indices. Shrenik is included in the BSE Group T and is listed on the National Stock Exchange of India Ltd. Being represented in indices enhances the visibility and liquidity of the Shrenik price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s paper trading landscape. The inclusion of Shrenik in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the Shrenik share price to corporate and industry developments. The company’s ISIN code is INE632X01030 and face value is ₹1 per share.

Shrenik Limited Stock Performance and Share Price History

The Shrenik price has exhibited significant volatility over the past decade, shaped by the company’s operations in India’s paper trading sector and broader commodity industry cycles. The Shrenik share price recorded a negative total return of approximately 33.3% over the last 1 year and a negative return of 25.0% over the last 3 years, underperforming broader market indices and reflecting near-term headwinds including increased competitive pressures and margin compression. The Shrenik share price delivered a 10-year total return that has been negative, with a 5-year return of -27.1% and a 5-year CAGR of -15.43%, demonstrating significant wealth erosion over the long term. The Shrenik share price reached a 52-week high of 0.77 and a 52-week low of 0.36, indicating a wide trading range and substantial price fluctuations. The Shrenik price recorded a strong performance in earlier years, while the subsequent period has seen the Shrenik price moderate and correct from its peak levels. The Shrenik share price has shown a 1-month return of approximately -13.6% and a 3-month return of -19.1%, indicating recent consolidation.

The Shrenik price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a 386.36% quarter-on-quarter growth in net profit for Q3 FY2025-26, the Shrenik stock price showed a positive reaction, hitting the upper circuit. The Shrenik stock price has shown a pattern of volatility with periods of positive momentum when earnings exceed expectations, while periods of earnings weakness have contributed to consolidation in the Shrenik stock price. Corporate developments, including strategic announcements such as the expansion of product portfolio and focus on the proprietary brand “Shrenik”, have also influenced short-term fluctuations in the Shrenik price. The Shrenik share price has shown a 5-year return of -77.14% according to some sources, while the 3-year return stands at -69.23%, reflecting the severe decline in the stock. The Shrenik share price reached its 52-week high of 0.77 before declining to its 52-week low of 0.36, reflecting the volatility inherent in the commodity trading space. The Shrenik share price has shown a year-to-date return of -19.1% as of April 2026, indicating continued pressure in the current fiscal year. Comprehending these patterns in the Shrenik share price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Shrenik stock price movements illustrate how industry fundamentals, raw material price cycles, and investor expectations converge in market pricing.

The Shrenik share price has shown distinct seasonal patterns over the past decade. The stock has historically given negative returns in the majority of calendar years. In terms of annual performance, the Shrenik share price delivered its strongest performance in earlier periods, while the stock recorded negative annual returns consistently. The Shrenik share price has shown annual returns of -39.7% in 2025, -36.7% in 2024, -21.9% in 2023, -56.8% in 2022, -9.8% in 2021, -45.1% in 2020, and -59.0% in 2019. The Shrenik share price has demonstrated that the stock tends to perform poorly in periods of high raw material costs and weak demand, while showing occasional short-term rallies on positive earnings surprises. The Shrenik stock price has shown a 1-year return of -44.44% according to some sources. The Shrenik stock price has shown continued weakness in the current trading period, reflecting the ongoing challenges in the paper trading sector.

Shrenik Limited Investor Relevance and Role in Portfolio

Shrenik holds a limited position for portfolio investors who seek exposure to India’s paper and commodity trading sector with a focus on the distribution segment. The company’s presence in paper trading and processing aligns it with investment strategies that value distribution infrastructure and supply chain efficiency. The Shrenik share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor paper consumption indicators and distribution network factors when evaluating allocation decisions.

Institutional stakeholders play a minimal role in Shrenik’s ownership profile, with no foreign institutional investors, domestic institutional investors, mutual funds, banks, or insurance companies holding stakes in the company. The Shrenik share price has shown no institutional participation, with total institutional holding at 0%. Mutual funds do not hold any stake in the company. The Shrenik stock price’s beta reflects that the company’s trading nature and established distribution network may provide some stability, though the commodity trading sector remains sensitive to raw material price fluctuations and demand cycles.

Based on data, Shrenik exhibits varying levels of beta and volatility across different measurement periods. The long-term beta stands at a low value, indicating that the stock generally moves with less volatility compared to the broader market over an extended period. Based on data, the daily-one month beta is near neutral, while the daily-three month beta shows slight correlation. The weekly-one year beta is low, indicating near-zero correlation with market movements in short-term trading. Based on data, the weekly-two year beta shows low correlation, and the 2 week-two year range beta is also low. The monthly-two year beta continues to show low correlation. Supporting statistics include mean values across different periods and standard deviations ranging from moderate to high levels. Overall, Shrenik demonstrates a low volatility profile with beta values suggesting the stock tends to move with less sensitivity compared to broader market direction.

Shrenik Limited Sectoral Relevance and Peer Positioning

The sector relevance of Shrenik is anchored in its role within the broader Indian paper trading industry, where it competes with other paper and commodity trading companies. As part of this industry, the company’s strategic positioning connects paper distribution for printing, packaging, and stationery applications. Competitors in the paper trading and distribution segment include companies such as Malu Paper Mills Limited, Shree Krishna Paper Mills & Industries Limited, Mohit Paper Mills Limited, Kay Power And Paper Limited, Astron Paper & Board Mill Limited, and other organized and unorganized players. Firms with parallels in either distribution scale or product range are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Shrenik P/E ratio have shown variations over different periods. The historical PE Ratio has shown significant fluctuations. As of recent data, the P/E ratio stood at 17.5 times as on April 1, 2026, while some sources indicate a PE ratio of 20.00 or 0 depending on the calculation method. The mean historical P/E Ratio over the available period has varied significantly, with the current P/E ratio having changed substantially with respect to the historical average. Periods when investors perceived improvements in profitability or earnings sustainability have corresponded with expansion in valuation multiples, whereas phases of moderation in earnings momentum or industry cyclicality have seen valuation contraction. Shrenik P/E ratio was not applicable during loss-making years and turned positive in recent quarters following return to profitability.

Shrenik earnings have shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural challenges from raw material price volatility and competitive pressures have impacted earnings momentum. Shrenik earnings have shown a trajectory of significant losses followed by recent improvement. The company reported a net profit of ₹1.3 crore on TTM basis as of April 2026, compared to losses in previous years. Shrenik market cap has fluctuated in line with investor perceptions of the company’s recovery potential in a competitive and evolving paper market.

Over years, the Shrenik market cap has followed a pattern of consistent decline from peak levels. The market cap decreased from higher levels to approximately ₹23-24 crore as of April 2026. The market cap has shown a decreasing trend from fiscal year 2018 onwards, reflecting weak investor confidence. The market cap stood at approximately ₹23.26 crore to ₹24.48 crore in recent periods. This decrease mirrors the correction in the Shrenik share price and the broader performance of the paper trading sector relative to broader market indices.

Shrenik earnings over the past ten years has been characterised by a period of losses followed by recent improvement. Net income showed significant losses in multiple years, with the company reporting a net loss of ₹108.37 crore in standalone financials for the March 2024 quarter. The company reported a net profit of ₹1.07 crore in Q3 December 2025, representing a substantial growth of 386.36% from the previous quarter. This recent earnings improvement reflects the impact of operational efficiencies and better demand conditions.

Shrenik EPS has shown negative figures for most of the past decade, with recent improvement to positive territory. The diluted EPS showed negative values in FY2022 (-0.22), FY2023 (-0.96), and turned positive in recent quarters with TTM EPS at ₹0.00 to ₹0.02 depending on reporting period. Over the available period, the company demonstrated improvement in EPS during recent quarters after sustained losses. In recent quarters, EPS showed a positive growth pattern, with Q3 December 2025 net profit increasing to ₹1.07 crore compared to a loss of ₹0.07 crore in the corresponding quarter of the previous year.

The Shrenik P/E ratio has shown fluctuations over the available period. At the end of recent fiscal years, the P/E ratio varied, with negative values during loss-making periods and positive values of 17.5 to 20.0 in recent periods as profitability returned. The mean historical P/E ratio over the available period cannot be accurately calculated due to the presence of negative earnings. The current P/E ratio stands at approximately 17.5x compared to the industry P/E of 21.42x, reflecting that investor expectations are adjusting to recent earnings improvement. The Shrenik share price has been influenced by these valuation metrics. The Shrenik stock price continues to be evaluated in the context of its earnings potential and market position.

Summary

Shrenik Limited is a paper trading and processing company listed on both the NSE and BSE, where the Shrenik share price reflects paper demand cycles, raw material prices, and distribution network expansion within the commodity trading sector. Its representation on stock exchanges supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader paper industry themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s paper trading market.